The House of Reps has a solution to those crazy AIG bonuses: a new tax that will claw back 90 percent of the income of anyone paid more than $250,000 by any firm that got more than $5 billion in bailout money.
The House measure would apply a 90% tax on bonuses given to employees who earn more than $250,000 at any firm that received more than $5 billion in bailout money.
U.S. House OKs bill for new tax on AIG bonuses
A Senate proposal would would impose a 35% excise tax on companies paying bonuses and a 35% tax on employees receiving them. It would apply to all companies that received federal bailout funds.
Sen. Harry Reid, D-Nev., the Senate Majority Leader, said he doesn't think it will be much of a problem to resolve the differences between the House and Senate. They are hoping to move on the Senate bill next week.
Not sure who gets the worst end of this deal, but happy summer weekend.
Unsolicited images of dongs have become a sad part of life as a modern human. We can block senders after the fact, but what about those pesky genital faxes? Now there’s an answer.
Anna Christova snapped this fantastic street art project called “CTRL+X,” which paints items tagged with graffiti to look as if they’ve been selected and deleted in Photoshop, revealing the default transparent layer. Below is the before photo:
Web content creators who don’t have a solid SEO strategy should take note of Webtexttool. It’s a service that pulls in anonymous data from their entire user base to offer crowdsourced guidance that increases your search page ranks. By analyzing prior user successes, it helps you better gauge how your posts will perform at a […]
Just because English has become the common global tongue doesn’t mean it’s the easiest language to write—even for native speakers. If you’re looking to improve your written communication skills, especially on your smartphone, take a look at Ginger Page.Ginger is a cross-platform app that offers corrections for phrasing as well as grammar. It’s powered by […]
The current web development landscape is rife with buzzwords and technology that gets abandoned almost as soon as it’s made. If you’ve never written a line of code before, it can be hard to figure out what’s coming, what’s here to stay, or how to get ahead.This Beginner Web Development Bundle is a great place […]